SandRidge Energy, Inc. (SD) Income Statement
SD 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSD revenue and net income
Where SD's revenue goes
2025Each bar shows an amount and its share of revenue. SD kept 44.9% of revenue as net income.
SD profit margins
SD growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +24.8% | −15.0% | +6.3% | −14.7% |
| Gross profit | +46.6% | −27.8% | +77.5% | +10.0% |
| Operating income | +63.3% | −32.4% | — | — |
| Net income | +11.5% | −33.8% | — | — |
| EPS (diluted) | +31.0% | −31.6% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SD quarterly EPS vs estimates
SandRidge Energy beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.51).
SD income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $156.4M | $125.3M | $148.6M | $254.3M | $168.9M | $115.0M | $266.8M | $349.4M | $357.3M | $768.7M |
| Cost of revenue | $88.9M | $79.3M | $74.9M | $75.0M | $61.4M | $111.2M | $268.9M | $251.4M | $248.3M | $695.9M |
| Gross profit | $67.4M | $46.0M | $73.7M | $179.2M | $107.5M | $3.8M | −$2.0M | $98.0M | $109.0M | $72.8M |
| Research & development | — | — | — | — | — | — | — | — | — | $0 |
| Sales, general & admin | $13.2M | $11.7M | $10.7M | $9.4M | $9.7M | $15.3M | $32.1M | $55.4M | $76.0M | $137.7M |
| Total operating expenses | $13.2M | $12.8M | $9.6M | $3.8M | −$6.6M | $277.3M | $444.7M | $54.4M | $76.5M | $190.4M |
| Operating income | $54.2M | $33.2M | $64.2M | $175.5M | $114.1M | −$273.5M | −$446.8M | −$10.4M | $39.6M | −$4.64B |
| Interest income | $4.1M | $7.9M | $10.7M | $1.8M | $404,000 | $19,000 | $91,000 | $361,000 | $1.0M | $127.8M |
| Interest expense | $462,000 | $131,000 | $104,000 | $216,000 | $233,000 | $1.8M | $3.1M | $3.1M | $4.9M | $290.0M |
| Income before taxes | $64.7M | $40.8M | $74.8M | $177.6M | $116.7M | −$278.0M | −$449.3M | −$9.1M | $38.3M | −$4.32B |
| Income taxes | −$5.5M | −$22.2M | $14.0M | −$64.5M | $3.2M | −$646,000 | $3.4M | −$71,000 | −$8.7M | $123,000 |
| Net income | $70.2M | $63.0M | $60.9M | $242.2M | $116.7M | −$277.4M | −$449.3M | −$9.1M | $47.1M | −$3.70B |
| EBITDA | $108.0M | $73.4M | $97.1M | $187.7M | $113.7M | −$218.2M | −$287.8M | $133.3M | $175.1M | −$3.88B |
| EPS (diluted) | $1.48 | $1.13 | $1.51 | $4.63 | $2.61 | −$0.21 | −$1.23 | $0.56 | $1.70 | $0.32 |
| Gross margin | 43.1% | 36.7% | 49.6% | 70.5% | 63.7% | 3.3% | −0.8% | 28.0% | 30.5% | 9.5% |
| Operating margin | 34.7% | 26.5% | 43.2% | 69.0% | 67.6% | −237.9% | −167.4% | −3.0% | 11.1% | −604.0% |
| Net margin | 44.9% | 50.3% | 40.9% | 95.2% | 69.1% | −241.2% | −168.4% | −2.6% | 13.2% | −481.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $51.1M | $49.8M | $39.4M | $39.8M | $34.5M | $42.6M | $39.0M | $30.1M | $26.0M | $30.3M | $33.9M | $38.1M |
| Cost of revenue | $13.5M | $25.3M | $22.2M | $13.1M | $18.6M | $24.0M | $23.3M | $20.9M | $16.6M | $18.5M | $18.2M | $19.3M |
| Gross profit | $37.6M | $24.5M | $17.2M | $26.8M | $15.9M | $18.6M | $15.7M | $9.2M | $9.4M | $11.7M | $15.8M | $18.8M |
| Sales, general & admin | $3.8M | $3.0M | $3.6M | $2.7M | $3.0M | $3.9M | $3.0M | $2.3M | $3.0M | $3.3M | $2.7M | $2.6M |
| Total operating expenses | $11.6M | $3.0M | $3.6M | $11.7M | −$2.6M | $6.4M | $5.6M | $698,000 | $3.2M | $3.3M | $2.7M | $2.6M |
| Operating income | $26.0M | $21.5M | $13.7M | $15.0M | $18.5M | $12.2M | $10.1M | $8.5M | $6.2M | $8.4M | $13.0M | $16.2M |
| Interest income | — | — | $884,000 | $916,000 | $1.0M | $860,000 | $1.0M | $1.6M | — | — | — | $2.5M |
| Interest expense | $1.5M | $814,000 | $1.8M | $916,000 | $1.0M | $860,000 | $1.1M | $1.6M | $2.5M | $2.7M | $2.8M | $2.5M |
| Income before taxes | $26.7M | $18.7M | $16.1M | $16.0M | $19.6M | $13.0M | $10.8M | $10.0M | $8.8M | $11.1M | $15.8M | $18.7M |
| Income taxes | — | — | −$5.5M | — | — | — | −$6.8M | −$15.4M | — | $14.0M | $14.0M | −$2.4M |
| Net income | $26.7M | $18.7M | $21.6M | $16.0M | $19.6M | $13.0M | $17.6M | $25.5M | $8.8M | $11.1M | $1.8M | $18.7M |
| EBITDA | $38.1M | $30.1M | $36.5M | $27.9M | $22.8M | $24.7M | $30.0M | $16.8M | $12.3M | $16.9M | $18.9M | $22.1M |
| EPS (diluted) | $0.57 | $0.58 | $0.34 | $0.42 | $0.33 | $0.39 | $0.47 | $0.19 | $0.17 | $0.30 | $0.05 | $0.44 |
| Gross margin | 73.6% | 49.3% | 43.8% | 67.2% | 46.1% | 43.6% | 40.3% | 30.6% | 36.1% | 38.8% | 46.5% | 49.3% |
| Operating margin | 50.8% | 43.2% | 34.7% | 37.8% | 53.7% | 28.6% | 25.9% | 28.3% | 23.9% | 27.8% | 38.5% | 42.4% |
| Net margin | 52.2% | 37.5% | 54.9% | 40.1% | 56.6% | 30.6% | 45.1% | 84.8% | 33.9% | 36.7% | 5.3% | 48.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SD's financial statements (latest annual report filed March 5, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SD financial results
In fiscal year 2025 (ended December 31, 2025), SandRidge Energy reported revenue of $156.4 million, up 24.8% from the year before. It had net income of $70.2 million (up 11.5%), a net profit margin of 44.9%. Diluted earnings per share came to $1.48. Over five years revenue grew at an average rate of 6.3% a year.
See the SD stock overview for the latest quote and news, or the SD chart for price history and technical indicators.
SD income statement FAQ
What is SandRidge Energy's annual revenue?
SandRidge Energy reported total revenue of $156.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 24.8% from $125.3 million the previous year.
Is SandRidge Energy profitable?
Yes. SandRidge Energy reported net income of $70.2 million in fiscal 2025, a net profit margin of 44.9%; its operating margin was 34.7%.
What is SandRidge Energy's gross margin?
SandRidge Energy's gross margin was 43.1% in fiscal 2025: for every $100 of revenue, SandRidge Energy kept $43 after the direct cost of its products and services.
How fast is SandRidge Energy growing?
Revenue grew 6.3% a year on average over the last five fiscal years, from $115.0 million to $156.4 million.
What are SandRidge Energy's earnings per share?
SandRidge Energy earned $1.48 per diluted share in fiscal 2025, compared with $1.13 a year earlier.
When will SandRidge Energy report its next earnings?
SandRidge Energy is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does SandRidge Energy's fiscal year end?
SandRidge Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 5, 2026.